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The Latest Breaking News from Thailand

Central bank upbeat on prospects despite export dip

Exports dropped in July, mainly attributed to lower demand from trading partners in line with a riskier global economy, though Thailand's economy continues to see signs of recovery, says a Bank of Thailand executive.

Bangkok Post

Leaders urge varied economic focus

Industry leaders shared views of how the country should move forward, from creating multiple economic growth engines to the promotion of the electric vehicle (EV) industry, to allow Thailand to attain economic sustainability.

Bangkok Post

Bitkub CTO to appeal insider trading

The chief technology officer (CTO) of Bitkub, Thailand's largest cryptocurrency exchange, said he will appeal against the Securities and Exchange Commission's (SEC) 8.53-million-baht fine for insider trading, and will remain in the position until the legal process is clarified.

Bangkok Post

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Tops initiative helps out longan farmers

Tops, Thailand's leading food retailer, recently sent sourcing teams to the provinces of Uttaradit and Sukhothai to visit farmers, offer them advice and purchase longan from them.

Bangkok Post

True in metaverse tie-up with Zepeto

SET-listed telecom operator True Corporation has entered into an exclusive partnership agreement with South Korean metaverse platform Zepeto as part of its strategy to strengthen its digital ecosystem of telecommunications, content, and e-commerce.

Bangkok Post

Office watchful as index dips

Industry authorities are monitoring the negative impact of the world economy on Thailand for the next 1-2 months after the Manufacturing Production Index (MPI) in July fell for the second consecutive month.

Bangkok Post

Govt looks to Indian weddings to boost tourism revenue

Thailand hopes to boost its tourism revenue to between 600 billion-700 billion baht by year-end, by targeting high-spending groups like Indian wedding parties and honeymooners, a senior tourism official said.

Bangkok Post

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Trade deficit widens in July, exports up but manufacturing disappoints

Thailand recorded a current account deficit of $4.1 billion in July after a deficit of $1.9 billion the previous month, the Bank of Thailand said on Wednesday.

Bangkok Post

Economy to grow up to 3.5% this year, finance minister says

The economy is expected to grow 3% to 3.5% this year, with a slow but steady recovery as the crucial tourism sector picks up and exports remain good, Finance Minister Arkhom Termpittayapaisith told a business forum on Wednesday.

Bangkok Post

Quantum technology: Thailand forges ahead in science and technology

Over the years, quantum technology has been researched in advanced countries worldwide, including Thailand which is now speeding up its research to enable wider impacts for future generations.

Bangkok Post

Thailand, Indonesia drawn in same group

Defending Asean champions Thailand and last year's runners-up Indonesia were drawn in Group A for the first round battles of this year's competition which has been renamed the Mitsubishi Electric Cup.

Bangkok Post

'Thailand a narcotics transit hub'

The recent arrest of a Chinese couple allegedly attempting to smuggle heroin out of Thailand highlights how the country has become a narcotics transit hub, according to the Narcotics Suppression Bureau (NSB).

Bangkok Post

Crypto glitches prompt industry rethink

With the recent news of the SCB X-Bitkub deal falling apart and the Zipmex incident, investors in Thailand's digital currency market are facing a negative outlook. The Bangkok Post provides a recap of these events and gathers the views of investment analysts on the lessons learned and where things are…

Bangkok Post

Minister upbeat on Thai-Saudi trade deals

Business deals between Thai firms and Saudi counterparts are expected to flourish after the two parties yesterday signed a memorandum of understanding (MoU) to establish the Thai-Saudi Business Council.

Bangkok Post

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Bangkok Post

Bata unit registers 67% jump in first-half sales

Bata Thailand, the local arm of a global footwear company, has resumed its business plan to tap into Thailand's recovering 83-billion-baht footwear market.

Bangkok Post

Cabinet okays draft pact with Mongolia

The cabinet yesterday approved a draft memorandum of understanding (MoU) to set up a Joint Trade Committee (JTC) between Thailand and Mongolia, aiming to expand bilateral trade to US$100 million in 2027.

Bangkok Post

Lenzing’s new €400 million factory strengthens Thailand’s status as regional bio-green-circular hub – BOI

The start of operations at European textile giant Lenzing’s recent opening of the world’s largest production plant for the eco-friendly fibre lyocell exemplifies Thailand’s status as a hub for green and sustainable investments, according to an article pub-lished on the Thailand Board of Investment (BOI) website.

Bangkok Post

Hong Kong quarantine may cause dragon boat championships to move to Thailand

The 2023 World Dragon Boat Racing Championships could be moved from Hong Kong because the sport's global federation is concerned about the city keeping its Covid-19 quarantine requirements in place, according to a Hong Kong lawmaker.

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Reuters

Thailand targets $11 billion tourism revenue in H2 as COVID controls ease

Thailand aims to generate 400 billion baht ($11 billion) in tourism revenue in the second half of the year, the government said on Tuesday, as the tropical holiday destination welcomes back more visitors after pandemic-induced border controls.

Bangkok Post

Champions Thailand to face Indonesia in football’s Asean Championship group phase

Defending champions Thailand will face last year's runners-up Indonesia in the group phase of the Asean Football Federation Championship after the draw was made on Tuesday.

Asharq Al-Awsat

Saudi, Thai Officials Discuss Free Trade Agreement between GCC, Thailand

The Saudi Minister of Commerce, Majid al-Qasabi, discussed on Sunday in Riyadh with Deputy Prime Minister and Minister of Commerce of Thailand Jurin Laksanawisit the ways to strengthen fraternal ties between the two countries at the governmental and private levels. The two officials discussed the possibility of signing a free…

Asharq Al-Awsat

Saudi Arabia, Thailand Sign 5 Agreements, Establish Business Council

Saudi Arabia and Thailand signed in Riyadh on Monday five commercial agreements and established the Saudi-Thai Business Forum. Thai Deputy Prime Minister and Commerce Minister Jurin Laksanawisit confirmed that the two countries would advance towards the most comprehensive cooperative scope, covering all vital sectors. Laksanawisit addressed the Saudi-Thai Business Council…

Bangkok Post

Govt targets B400bn from tourist rush in second half

The government expects to net about 400 billion baht from a surge in foreign tourist arrivals in the second half as leisure travellers return to the country following the easing of most Covid curbs.

Bangkok Post

Thailand’s top IPO adviser targets region’s firms for listings

Thailand’s leading arranger of initial public offerings since 2021 is targeting companies from neighbouring Vietnam and Cambodia for listing on the Bangkok bourse to counter a slump in domestic stock sales, though nationalism is one obstacle.

Bangkok Post

Three Thai dishes on CNN list

The government on Monday welcomed CNN Travel's inclusion of three Thai dishes in its new listing of Asia's best 50 street foods.

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